Goldman Says High-Yield Debt Deluge Is Overwhelming Investors
A surge of corporate bond supply in the US high-yield market is starting to overwhelm debt investors, pushing risk premiums to the highest level in five months, according to Goldman...
By Caleb Mutua, Jonathan Ferro and Lisa Abramowicz · Bloomberg Markets
A surge of corporate bond supply in the US high-yield market is starting to overwhelm debt investors, pushing risk premiums to the highest level in five months, according to Goldman Sachs Group Inc.’s head of credit strategy.